A home buyer buys a house for $225,000. She pays 20% cash, and takes a fixed-rate mortgage for ten years at 6.26% APR. If she makes payments at the end of every two weeks, which of the following is closest to each of her payments?

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The Answer of A home buyer buys a house for $225,000. She pays 20% cash, and takes a fixed-rate mortgage for ten years at 6.26% APR. If she makes payments at the end of every two weeks, which of the following is closest to each of her payments?

A Home Buyer Buys a House for $225,000